| Global operations and consistent growth have vastly increased the scale and complexity of our business. Corporate Governance is the central element that anchors our decision-making through these global intricacies and local nuances. It shows the path to consistent, sustainable growth. |
| Well-thought-out governance principles and their effective practice helps enhance the trust and transparency between our Board and our stakeholders, and helps accelerate our goal of facilitating Good Health. |
| Governance Framework |
| Our corporate governance framework is based on the following main principles: |
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Appropriate composition and size of the Board, with each Director bringing in key expertise in different areas |
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Proactive flow of accurate information to the members of the Board and Board Committees, to enable effective discharge of fiduciary duties |
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Ethical business conduct by the Board, management and employees |
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Well-developed systems and processes for internal controls across all
operations, risk management and financial reporting |
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Protect and facilitate the exercise of shareholders' rights |
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Adequate, timely and accurate disclosure of all material, operational and financial information to the stakeholders |
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| Sustainability Focus |
| Sustainability principles are a key part of our business decisions and have been integrated into Dr. Reddy's core business processes at two levels: |
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The corporate level, where overall policies and strategic directions are set and
capital is allocated |
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The business group level, where revenue is generated and where the impact on communities and the environment is most immediate |
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| Compliance First |
| Dr. Reddy's is in compliance with Clause 49 of the Listing Agreement with Indian Stock Exchanges and with the applicable corporate governance standards of the New York Stock Exchange (NYSE). |
